WESTAR RESOURCES LIMITED — Share Issue/Capital Change 2023

Mar 20, 2023

Application for quotation of +securities

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Announcement Summary

Entity name

WESTAR RESOURCES LIMITED

Announcement Type

New announcement

Date of this announcement

Tuesday March 21, 2023

The +securities to be quoted are:

+Securities previously issued under an +employee incentive scheme where the restrictions on transfer have ceased or are about to cease

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
WSR	ORDINARY FULLY PAID	700,000	20/03/2023

Refer to next page for full details of the announcement

Application for quotation of +securities

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Application for quotation of +securities

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Part 1 - Entity and announcement details

1.1 Name of entity

WESTAR RESOURCES LIMITED

We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.

1.2 Registered number type

ACN

Registration number 635895082

1.3 ASX issuer code

WSR

1.4 The announcement is

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New announcement

1.5 Date of this announcement

21/3/2023

Application for quotation of +securities

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Application for quotation of +securities

Part 2 - Type of Issue

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2.1 The +securities to be quoted are:

+Securities previously issued under an +employee incentive scheme where the restrictions on transfer have ceased or are about to cease

2.2 The +securities to be quoted are:

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Additional +securities in a class that is already quoted on ASX ("existing class")

Application for quotation of +securities

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Application for quotation of +securities

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Part 3B - number and type of +securities to be quoted (existing class) where issue has not previously been notified to ASX in an Appendix 3B

Additional +securities to be quoted in an existing class as a result of transfer restrictions ceasing on an existing class

FROM (Existing Class) ASX +security code and description WSRAI : PERFORMANCE RIGHTS

TO (Existing Class) ASX +security code and description WSR : ORDINARY FULLY PAID

Please state the number of +securities previously issued under the	And the date the restrictions on
+employee incentive scheme where the restrictions on transfer have ceased	transfer have ceased or will cease
or are about to cease
700,000	15/3/2023

Issue date 20/3/2023

Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class?

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Yes

Application for quotation of +securities

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Application for quotation of +securities

Issue details

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Number of +securities to be quoted

700,000

Are the +securities being issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

Conversion of incentive rights

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted

0.034000

Any other information the entity wishes to provide about the +securities to be quoted

Application for quotation of +securities

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Application for quotation of +securities

Part 4 - Issued capital following quotation

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Following the quotation of the +securities the subject of this application, the issued capital of the entity will comprise:

(A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.)

4.1 Quoted +securities (total number of each +class of +securities quoted on ASX following the +quotation of the +securities subject of this application)

	Total number of
ASX +security code and description	+securities on issue
WSR : ORDINARY FULLY PAID	80,842,398

4.2 Unquoted +securities (total number of each +class of +securities issued but not quoted on ASX)

	Total number of
ASX +security code and description	+securities on issue
WSRAJ : OPTION EXPIRING 26-MAY-2025 EX $0.14	11,317,538
WSRAI : PERFORMANCE RIGHTS	2,800,000
WSRAH : OPTION EXPIRING 17-DEC-2023 EX $0.25	5,000,000

Application for quotation of +securities

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